U.S. home prices will fall 2.5% this year, economists say

09/20/2011 | Wall Street Journal, The

The weak economy will keep home prices low for years, hindering a sustained recovery, according to a MacroMarkets survey of more than 100 economists. Home prices this year will fall 2.5%, then increase 1.1% a year through 2015, the economists predicted. If the expectations hold, homeowners would face a "lost decade" in which little of the value lost since 2005 will be recovered.

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